Saudi Prince Investment Company stated that if Musk or others acquire TikTok, they will consider investing
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PANews|Jan 22, 2025 14:44
According to Businesstimes, Kingdom Holding (KHC), the investment company of Saudi Arabian Prince Alwaleed bin Talal, has stated that if Elon Musk or others acquire TikTok, the company will be interested in investing. Previously, President Trump signed an executive order to delay the implementation of the TikTok ban for 75 days and expressed support for Musk's acquisition of the app.
KHC currently holds shares in Musk's social media platform X and artificial intelligence startup xAI. KHC also holds a significant stake in Saudi low-cost airline Flynas and expects Flynas to be approved for listing soon.
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